What is needed to aid capital formation in developing countries?

A. More capital flight
B. More oil resources
C. More entrepreneurship
D. Higher price supports for products


C. More entrepreneurship

Economics

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If the unemployment rate increases from 4 percent to 10 percent, then the economy is mostly likely in a(n):

A. expansion. B. boom. C. aggregation. D. recession.

Economics

According to official statistics in the United States, a person is classified as poor

A. if the person's money income is below the poverty income threshold. B. only if the person's money income is below the poverty income threshold AND the person is not working. C. only if the person's money income is below the poverty income threshold AND the person is homeless. D. if the person's money income and the value of non-cash transfers is below the poverty income threshold.

Economics

An industrially advanced country (IAC) is defined as a country with a GDP per capita among the top ____ countries in the world.

A. 10 B. 27 C. 39 D. 50

Economics

Total governmental purchases—federal, state, and local combined—accounted for about what percentage of domestic output in 2012?

A. 35 percent. B. 20 percent. C. 10 percent. D. 5 percent.

Economics